Spare parts inventory optimisation is used by maintenance and operations managers in logistics facilities to reduce equipment downtime while minimising capital tied up in stock.
Source: https://www.sciencedirect.com/topics/engineering/spare-parts-management
Tools that match this term
You might also be interested in these terms
Weekly: Top news, industry facts and insights from the world of logistics – free.
Content reviewed and editorially cleared.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.